Postal Service may be limited to one price increase per year
Federal Newscast · Federal News Network | Hubbard Radio
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Show Notes
The Postal Service is falling into pattern raising stamp prices each January and July. But its regulator is considering limits to those price increases. A proposed rule from the Postal Regulatory Commission would cap UPSP to only raising prices once per year. The regulator gave USPS the freedom to set mail prices higher than the rate of inflation in 2020 when the agency was at risk of running out of cash. USPS is planning to set the price of a first-class Forever stamp to 78 cents next month.
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